Tags » Banking Reform

Barbados and U.S Sign FATCA Agreement.

Barbados and the United States have signed an intergovernmental agreement to give effect to the United States, Foreign Account Tax Compliance Act (FATCA).

Speaking at the signing ceremony at the US Embassy in Bridgetown, the Hon. 426 more words

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When the Guardian sought Professor Pat Utomi’s opinion about the suspension of Sanusi from the office of Governor of the Central Bank of Nigeria (CBN), he replied that Sanusi’s appointment as Governor of the CBN was a mistake.’ 4,186 more words

Nigerian Economy

Yet more on the plight of depositors and the blindness of regulators

The Bank of England has now published its resolution intentions. These incorporate the EU provisions under Directive 2014/59/EU introduced in May but largely overlooked by the media. 747 more words


Big Banks Face Another Round of U.S. Charges

By Ben Protess and Jessica Silver-Greenberg – With evidence mounting that a number of foreign and American banks colluded to alter the price of foreign currencies, the largest and least regulated financial market, prosecutors are aiming to file charges against at least one bank by the end of the year. 45 more words

United States

Your Debt, Our Nation's Headache

By Barry Ritholtz – Assets purchased with cheap and widely available credit become worth significantly less once the bubble bursts. But the debt remains.

All of that leverage used to purchase all of those assets — regardless of whether it’s subprime mortgages or dot-com stocks — sticks around. 63 more words

United States

Occupational Hazards of Working on Wall Street

By Michael Lewis – “I’m going to Goldman,” is still about as close as it gets in the real world to “I’m going to Harvard,” at least for the fiercely ambitious young person who is ambitious to do nothing in particular. 102 more words

United States